Georgia § 33-12-6 - Deposit of securities in amounts exceeding required or permitted deposit.
Full text of Georgia Official Code of Georgia Annotated § 33-12-6 — Deposit of securities in amounts exceeding required or permitted deposit., with citation guidance and answers to common questions.
§ 33-12-6. Deposit of securities in amounts exceeding required or permitted deposit.
An insurer may deposit eligible securities in an amount exceeding its deposit required or otherwise permitted under this title by not more than $100,000.00 for the purpose of absorbing fluctuations in the value of securities held in its deposit and to facilitate the exchange and substitution of securities deposited. During the solvency of the insurer any excess deposit or part thereof shall be released to the insurer upon its request, subject to Code Section 33-12-9. During the insolvency of the insurer the excess deposit shall be released only as provided in Code Section 33-12-8. (Ga. L. 1899, p. 54, § 1; Civil Code 1910, § 2560; Code 1933, § 56-1110; Code 1933, § 56-1106, enacted by Ga. L. 1960, p. 289, § 1.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 33-12-6
What does Official Code of Georgia Annotated § 33-12-6 cover?
Section 33-12-6 ("Deposit of securities in amounts exceeding required or permitted deposit.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 33-12-6?
A common citation format is "Official Code of Georgia Annotated § 33-12-6" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 33-12-6 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.